Latest Breaking News On - Axis equity hybrid fund - Page 1 : comparemela.com

Aggressive hybrid mutual funds deliver up to 55% return in one year. Should you invest now?

JM Aggressive Hybrid Fund, the topper in the category, delivered 55.48% return in the last one year. Bank of India Mid & Small Cap Equity & Debt Fund gave 47.28% return in the said period.

Suryoday SFB IPO subscription status: Suryoday Small Finance Bank IPO subscribed 62% so far on Day 2

Suryoday Small Finance Bank IPO: BIG boost for Rs 582 cr public issue! SFB raises Rs 170.13 cr from Anchor Investors

Suryoday Small Finance Bank IPO: BIG boost for Rs 582 cr public issue! SFB raises Rs 170.13 cr from Anchor Investors zeebizindia@gmail.com (Zee Business) © Provided by Zee Business Suryoday Small Finance Bank IPO (Initial Public Offer) has opened for subscription today and one can bid for the upcoming IPO till 19th March 2021. However, before the opening of Rs 582 crore worth IPO, the Small Finance Bank (SFB) has managed to raise Rs 170.13 crore from the anchor investors at an upper price band of Rs 305. Suryoday Small Finance Bank IPO price band has been fixed at Rs 3030 to Rs 305. The SFB informed about the money raised from Anchor Investors in a written press statement.

Suryoday IPO: Risky bet, aggressively priced: Should you subscribe to Suryoday SFB IPO?

NEW DELHI: The initial public offering (IPO) of Suryoday Small Finance Bank opened for bidding on Wednesday alongside the issue of Nazara Technologies. Analysts seem to have mixed views on the issue, with some pointing to the significant risks that it carries. The company seeks to raise Rs 581 crore. The primary purpose of the IPO is to meet RBI’s listing requirement within three years of starting banking operations. Unfortunately, it’s being forced to launch its issue amid a pandemic that has left it with more than a few chinks in the armour. Rajiv Mehta, Lead Analyst for Institutional Equities at Yes Securities, said he does not have a positive view on this IPO for various reasons. He said the company’s asset quality has been impacted severely by Covid-19 and the overall stress remains inadequately addressed. At the same time, its loan-assets diversification is not credible enough, he said.

Suryoday SFB IPO subscription status: Suryoday SFB IPO subscribed 42% on Day 1